Calgary, Alberta–(Newsfile Corp. – March 4, 2025) – Lycos Energy Inc. (TSXV: LCX) (” Lycos ” or …
CME Group Reports Record Monthly ADV of 33.1 Million Contracts in February, with Growth Across Al…
(Oil Price) – The global trade wars intensified on Tuesday as the U.S. tariffs on Canada and Mexico took effect and China was slapped an additional 10% levy, prompting retaliatory tariffs and sending equity markets and oil prices lower. Oil prices were down by 1% in Asian trading early on Tuesday, as markets fear economic slowdown from the tariffs and
(BOE Report) – Canadian midstream company Enbridge said on Tuesday that it plans to invest $2.5 billion in its liquids and natural gas systems, with $2 billion allocated to its Mainline network through 2028. The Mainline is North America’s largest crude oil pipeline network and transports light and heavy crude oil, natural gas liquids and refined products from Edmonton, Alberta, to various
(Investing) – WASHINGTON – U.S. President Donald Trump’s administration said on Tuesday it is ending a license that it had granted to U.S. oil producer Chevron (NYSE:CVX) since 2022 to operate in Venezuela and export its oil, after Washington accused President Nicolas Maduro of not making progress on electoral reforms and migrant returns. Chevron will have through April 3 to wind
This week’s Baker Hughes Rig Count shows that the U.S. had an increase of 1 over last week, resulting in a total count of 593 rigs. Canada had an increase of 4 over last week, resulting in a total Canadian count of 248 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Haynesville, and the Permian regions
